Tag: massachusetts

Hydro-Québec agrees to acquire Great River Hydro for $2 billion

HQI US Holding, a subsidiary of Canadian energy utility Hydro-Québec, has agreed to acquire Great River Hydro for around $2 billion. With a total installed capacity of 589 MW, Great River Hydro has 13 hydropower generating facilities. These are located along New England’s Connecticut and Deerfield rivers in Vermont, New Hampshire and Massachusetts.

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The state’s successful stint with offshore wind projects

Massachusetts enacted a law in 2016 for the state to procure 1,600 MW of offshore wind by 2027. This move led to the beginning of competitive requests for proposals (RFPs) for long-term offshore wind energy contracts. Vineyard Wind won the 800 MW project under the first RFP organised in 2017/18. The second RFP, organised in 2019/20, also for for an 800 MW project, was won by Mayflower Wind.

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